4645 1ST AVE S MINNEAPOLIS MN 55419

PID: 1502824120027

Property Overview

Parcel ID1502824120027

Lot Size5,542 sq ft (0.127 ac)

Lot Dimensions (est.)129 ft wide × 43 ft deep

Year Built1914

Property ClassRESIDENTIAL

OwnerMARY TOWLE

Assessed Value$356,000

Land Value$152,000

Building Value$204,000

Annual Tax$5,307

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Development Opportunities

High-Frequency Transit (5-min walk)High

Within a 5-minute walk of a high-frequency LRT or BRT stop — a positive factor for density bonuses and Met Council Livable Communities grant scoring.

Metro Council — Livable Communities ↗

Potential programs

Met Council Livable Communities GrantMedium

Competitive grants for affordable housing and transit-oriented development near high-frequency transit; proximity to LRT/BRT is a key scoring factor.

Metro Council — Livable Communities ↗

Signals are based on public datasets; program eligibility requires verification.

Permit History

No permits found in Minneapolis open data for this parcel.

Neighborhood Profile

Tangletown · Minneapolis

Median reported rent1,545/mo

Renter-occupied24.2%

Median home value$360K

Vacancy rate1.5%

ACS rents reflect current tenant leases and may differ from new market rents.

Source: 2022 ACS 5-Year Estimates · Census Tract 1108

Market Snapshot

Zip code 55419

Median sale price$494K-4.7% YoY

Median price / sqft$270/sqft

Median days to close29 days

Active listings30

Source: Redfin Data Center (Invalid Date) · Zip 55419

Zoning

UN1Urban Neighborhood 1

Urban Neighborhood 1 — low-density residential

Typical Uses

·Single-family homes
·Duplexes
·Accessory dwelling units

Max Height35 ft

Development Potential

Setbacks

Front20 ft

Side (each)5 ft

Rear20 ft

Estimated Buildable Footprint

Buildable width33 ft

Buildable depth89 ft

Area~2,932 sqft

Estimates based on typical zoning setbacks. Actual requirements may vary by lot, overlay, or conditional approval.

Development Feasibility

Likely Infeasible

Back-of-envelope estimate based on sfr / adu benchmarks for 2,932 sqft buildable area.

Est. units

Yield on cost

2.4%

Spread

-3.1%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
4651 1ST AVE S MINNEAPOLIS MN 55419	MICHAEL D MOTT	RESIDENTIAL	$278,800	43 ft
4641 1ST AVE S MINNEAPOLIS MN 55419	KIRSTEN R ERICKSON	RESIDENTIAL	$295,000	43 ft
4637 1ST AVE S MINNEAPOLIS MN 55419	BENJAMIN LEE DELWICHE	RESIDENTIAL	$377,600	86 ft
4633 1ST AVE S MINNEAPOLIS MN 55419	V & S GORI	RESIDENTIAL	$545,800	129 ft
4644 STEVENS AVE MINNEAPOLIS MN 55419	LINDSEY GAUDET	RESIDENTIAL	$333,000	132 ft
4701 1ST AVE S MINNEAPOLIS MN 55419	JOSEPH BOZIC & ERIN SHEPPARD	RESIDENTIAL	$525,900	147 ft
4638 STEVENS AVE MINNEAPOLIS MN 55419	K L SCHUDER & S D SCHUDER	RESIDENTIAL	$248,000	150 ft
4648 STEVENS AVE MINNEAPOLIS MN 55419	T D FOLSOM & D C HARVEY	RESIDENTIAL	$256,000	164 ft
4634 STEVENS AVE MINNEAPOLIS MN 55419	TEAH JB FIELD	RESIDENTIAL	$253,000	168 ft
4629 1ST AVE S MINNEAPOLIS MN 55419	N M THOMPSON & G D LUCE	RESIDENTIAL	$344,000	172 ft

Property History

Most Recent Sale

Date199608

Price$67,500

TypeOTHER – SEE CERTIFICATE OF REAL ESTATE VALUE (CRV)

Current Tax Year

Year2026

Tax Due$5,307